TSX:WCM.B

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Wilmington Capital Management

Executive Summary

Wilmington Capital Management Inc. is a private equity firm specializing in special situation investments.

Rewards


Snowflake Analysis

Share Price & News

How has Wilmington Capital Management's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: WCM.B has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

30.0%

WCM.B

7.3%

CA Capital Markets

2.0%

CA Market


1 Year Return

4.0%

WCM.B

7.6%

CA Capital Markets

-11.4%

CA Market

Return vs Industry: WCM.B underperformed the Canadian Capital Markets industry which returned 8.5% over the past year.

Return vs Market: WCM.B exceeded the Canadian Market which returned -11.7% over the past year.


Shareholder returns

WCM.BIndustryMarket
7 Day30.0%7.3%2.0%
30 Day30.0%13.8%4.1%
90 Day-5.5%2.5%-8.8%
1 Year7.7%4.0%12.9%7.6%-8.3%-11.4%
3 Year67.3%61.5%25.4%9.1%-0.2%-9.5%
5 Year34.7%30.0%44.9%13.4%15.9%-0.7%

Price Volatility Vs. Market

How volatile is Wilmington Capital Management's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Wilmington Capital Management undervalued compared to its fair value and its price relative to the market?

1.25x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate WCM.B's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate WCM.B's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: WCM.B is good value based on its PE Ratio (1.2x) compared to the Capital Markets industry average (10.9x).

PE vs Market: WCM.B is good value based on its PE Ratio (1.2x) compared to the Canadian market (12.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate WCM.B's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: WCM.B is overvalued based on its PB Ratio (0.9x) compared to the CA Capital Markets industry average (0.8x).

Future Growth

How is Wilmington Capital Management forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.6%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Wilmington Capital Management has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Wilmington Capital Management performed over the past 5 years?

84.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WCM.B has a high level of non-cash earnings.

Growing Profit Margin: WCM.B's current net profit margins are higher than last year .


Past Earnings Growth Analysis

Earnings Trend: WCM.B has become profitable over the past 5 years, growing earnings by 84% per year.

Accelerating Growth: WCM.B's earnings growth over the past year (1409.4%) exceeds its 5-year average (84% per year).

Earnings vs Industry: WCM.B earnings growth over the past year (1409.4%) exceeded the Capital Markets industry -5.4%.


Return on Equity

High ROE: WCM.B's Return on Equity (60.9%) is considered outstanding.

Financial Health

How is Wilmington Capital Management's financial position?


Financial Position Analysis

Short Term Liabilities: WCM.B's short term assets (CA$50.0M) exceed its short term liabilities (CA$4.5M).

Long Term Liabilities: WCM.B's short term assets (CA$50.0M) exceed its long term liabilities (CA$73.0K).


Debt to Equity History and Analysis

Debt Level: WCM.B is debt free.

Reducing Debt: WCM.B has no debt compared to 5 years ago when its debt to equity ratio was 17.9%.

Debt Coverage: WCM.B has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: WCM.B has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Dividend

What is Wilmington Capital Management's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate WCM.B's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate WCM.B's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if WCM.B's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WCM.B's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of WCM.B's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average board tenure


CEO

Chris Killi

1.08yrs

Tenure

CA$520,297

Compensation

Mr. Christopher J. Killi, also known as Chris, has been the Managing Partner and Chief Executive Officer of Wilmington Capital Management Inc. since May 9, 2019 and has been its Director since March 11, 20 ...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD376.88K) is above average for companies of similar size in the Canadian market ($USD162.98K).

Compensation vs Earnings: Chris's compensation has increased by more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Christopher Killi
Managing Partner1.08yrsCA$520.30k0.39% CA$190.9k
Joseph Killi
Vice Chairmanno dataCA$85.04k0.000010% CA$4.9
Ian Cockwell
Independent Chairmanno dataCA$88.79k20.34% CA$10.0m
Marc Sardachuk
Corporate Director12.42yrsCA$88.79k0.47% CA$230.7k
Timothy Casgrain
Corporate Director3.08yrsCA$88.79k19.17% CA$9.5m

3.1yrs

Average Tenure

69yo

Average Age

Experienced Board: WCM.B's board of directors are considered experienced (3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 21.2%.


Top Shareholders

Company Information

Wilmington Capital Management Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wilmington Capital Management Inc.
  • Ticker: WCM.B
  • Exchange: TSX
  • Founded: 1979
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: CA$49.368m
  • Shares outstanding: 12.33m
  • Website: https://www.wilmingtoncapital.ca

Location

  • Wilmington Capital Management Inc.
  • 505-3rd Street SW
  • Suite 700
  • Calgary
  • Alberta
  • T2P 3E6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WCM.ATSX (The Toronto Stock Exchange)YesClass A SharesCACADJan 1976
WCM.BTSX (The Toronto Stock Exchange)Class B SharesCACADJul 1979

Biography

Wilmington Capital Management Inc. is a private equity firm specializing in special situation investments. The firm prefers to invest in real estate and energy sectors. It owns and operates 38 self-storage facilities with approximately 1.6 million square feet of rentable area in British Columbia, Alberta, Manitoba, and Ontario. In addition, it owns and operates 4 marinas in Ontario, which include approximately 1,700 boat slips and 100 acres of waterfront land. The company was formerly known as Unicorp Inc. and changed its name to Wilmington Capital Management Inc. in March 2002. Wilmington Capital Management Inc. was founded in 1979 and is based in Calgary, Canada with an additional office in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/01 02:57
End of Day Share Price2020/05/29 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.